City Wharf, Lichfield

City Wharf, Lichfield

Clowes subsidiary, GAD Estates Ltd, has agreed final terms with Advantage West Midlands on the sale of a 1 hectare brownfield site in the heart of Lichfield opposite the city train station for over £1m.  The site formed part of AWM’s masterplan to revitalise the area for both residential and employment uses.

GAD were advised by Peter Hicks from Tamworth who has been negotiating the deal with AWM’s agents for some time and finally reached agreement in April, which then had to be ratified by Central Government.

The site, which had been a coal yard and storage area for Network Rail, has undergone major remediation works in order to allow redevelopment to take place.